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The Role Of Banks In The Ghanaian Economy. ... Prior to the economic and financial sector reforms, interest rates were administratively controlled by the Bank of Ghana(BOG) and a variety of controls were also imposed on the asset allocations of thebanks, such as sectoral credit directives.
is the central bank of Ghana. It is located in Accra and was formed in 1957. The bank is active in developing financial inclusion policy and is a member of the Alliance for Financial Inclusion .On 2 March 2012, during an African regional conference on Mobile Financial Services held in Zanzibar, the Bank of Ghana announced it would be making specific commitments to financial inclusion under the Maya Declaration